The U.S. government's handling of its massive economic response to the coronavirus pandemic will come under scrutiny on Tuesday as Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell testify before the Senate Banking Committee. Senators are expected to grill Mnuchin and Powell
WASHINGTON - The U.S. government's handling of its massive economic response to the coronavirus pandemic will come under scrutiny on Tuesday as Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell testify before the Senate Banking Committee.
Other programs aimed at helping larger companies and municipal bond issuers through a sharp recession are just getting started, and Powell and Mnuchin may provide details on their application at the hearing scheduled for 10 a.m. . Senators are also likely to try to elicit the two officials' views on another $3 trillion aid bill crafted by House of Representatives Democrats that narrowly passed that chamber on Friday. The measure is opposed by Senate Republicans as negotiations continue between the two parties and the Trump administration.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Mnuchin, Powell to face Senate grilling on coronavirus loan programsThe heads of the Treasury and Fed look set to get some tough questions on Tuesday at a remote Senate hearing, with their testimony coming as a new congressional panel releases its first report on one part of Washington’s big relief package.
Lire la suite »
Powell, Mnuchin to face Senate grilling on U.S. coronavirus responseThe U.S. government's handling of its massive economic response to the coronavirus pandemic will come under scrutiny on Tuesday as Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell testify before the Senate Banking Committee.
Lire la suite »
Mnuchin, Powell to face Senate grilling on stimulus programsThe hearing comes on the heels of a report from the new Congressional Oversight Commission that found the Treasury Department has spent little of the $500 billion Congress specifically appropriated for lending to businesses and state and local governments
Lire la suite »
Dow futures retreat as stock-market investors await testimony from Powell, MnuchinU.S. stock-index futures indicated a lackluster start of trade on Tuesday, following the best day for the S&P 500 and the Dow since early April. Wall Street will be watching for congressional testimony from Federal Reserve boss Jerome Powell and Treasury Secretary Steven Mnuchin.
Lire la suite »
READ: Mnuchin, Fed Chair Powell Testimony On Coronavirus ReliefTreasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell will address the Senate Banking Committee tomorrow about coronavirus relief aid. Read their written testimonies 👇
Lire la suite »
Mnuchin And Fed's Powell Set To Brief Senators On $2 Trillion Coronavirus ActThe Senate Banking Committee is holding its first review on coronavirus relief funding, calling on Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell to speak about their stewardship of the $2 trillion. Watch the Livestream here 👇
Lire la suite »